FGV Audited Financial Statements 2020

21 RIGHT-OF-USE ASSETS (continued) Company Buildings RM’000 2019 Cost At 1 January 2019/31 December 2019 39,251 Accumulated depreciation At 1 January 2019 1,454 Charge for the financial year 4,361 At 31 December 2019 5,815 Net book value at 31 December 2019 33,436 Total cash outflow for leases of the Group and the Company are as follows: Group Company 2020 RM’000 2019 RM’000 2020 RM’000 2019 RM’000 Short term lease payments 3,922 4,149 60 181 Rental of low value assets 9,709 2,876 - - Payments of lease liabilities 43,676 39,121 5,019 5,025 57,307 46,146 5,079 5,206 22 INVESTMENT PROPERTIES Group Freehold land RM’000 Leasehold land RM’000 Buildings RM’000 Total RM’000 2020 Cost At 1 January/31 December 2020 32,006 21,591 127,145 180,742 Accumulated depreciation/impairment At 1 January 2020 - 2,635 72,058 74,693 Charge for the financial year - 303 11,957 12,260 At 31 December 2020 - 2,938 84,015 86,953 Net book value at 31 December 2020 32,006 18,653 43,130 93,789 95 Notes to the Financial Statements For The Financial Year Ended 31 December 2020 Audited Financial Statements 2020